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Ideal Power (IPWR)

Discussion in 'Member Recommendations' started by vidarslien, Aug 6, 2014.

  1. vidarslien

    vidarslien Well-Known Member

    Location:
    Norway
  2. vidarslien

    vidarslien Well-Known Member

    Location:
    Norway
  3. vidarslien

    vidarslien Well-Known Member

    Location:
    Norway
  4. vidarslien

    vidarslien Well-Known Member

    Location:
    Norway
    Hmmmm,
    Ideal Power Founder, former CTO and current Chief Technologist, Bill Alexander, was fired yesterday because he "pledged shares of common stock as collateral for a personal loan in violation of the Company’s insider trading policy and code of conduct.".

    So far, the market does not seem to care very much - in fact, the SP is somewhat up at the time of writing this. However, I fear what this might be dragging along - Bill Alexander is the holder of most of Ideal Power's patents, as I understand it, and according to their annual reports, there is an agreement between Ideal Power and mr. Alexander that the company will pay for the exclusive right of those patents. The question then arises: What will happen to the IP? Will there be any legal battles, or will things hum along smoothly. Tomorrow's quarterly CC will be very interesting, but, unfortunately, for the wrong reasons...
  5. vidarslien

    vidarslien Well-Known Member

    Location:
    Norway
    Btw., two new patents were granted on October 24th, in addition to the two granted on October 10th.
  6. vidarslien

    vidarslien Well-Known Member

    Location:
    Norway
    Another patent on the production of the BTRAN, named "Systems and methods for bidirectional device fabrication", was granted on November 14th. Both Bill Alexander and Richard Blanchard are named as inventors.

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